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Michael Covel's Trend Following

Ep. 1233: Trend Commandments with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 17 November 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Trend Commandments with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

Click on a timestamp to play from that location

0:00.0

This is Trend Following Radio, where great thinking comes alive.

0:10.9

Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.

0:28.5

I am your host, Michael coval not filtered raw honest that's my passion we're talking train commandments today train commandments is a book that I wrote a few years ago,

0:38.3

but it was written in a perspective, a perspective of timelessness, meaning those chapters,

0:46.8

a few examples aside, but the chapters in Trent Commandments were met, designed to to be timeless insights you need for right now.

0:58.0

It doesn't make a difference whether it's November, 2023, or November 1913.

1:04.3

There are timeless principles. There are ways, methods, techniques that you need.

1:10.1

You need to know what markets you're going to track.

1:12.9

You need to know when you're going to enter. You need to know how much you're going to bet on

1:17.3

each trade. You need to know when you will exit with a gain or exit with a loss. Those are trend

1:23.4

following principles. Those are the five issues you must know to be a successful trend following trader. And the three chapters I'm about to play from my audio book for

1:32.0

Trent Commandments take you right into that headspace. Without any further delay from me,

1:38.1

except you know what? One further delay for me. You got a question? Got a question for me?

1:44.0

Send me an email. Michael at covel.com.

1:47.9

I will answer any damn question you have. Now, back to my point. Without any further delay from me,

1:54.8

I hope you enjoy these three chapters from Trent Commandments, talking about fundamentals as

1:59.6

religion, systematic trading, and change. Again,

2:04.4

I hope you enjoy.

2:09.6

Chapter 7. My own view is that this planet is used as a penal colony,

2:19.8

lunatic asylum, and dumping ground by a superior civilization

2:23.5

to get rid of the undesirable and unfit.

2:27.0

I can't prove it, but you can't disprove it either.

...

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